Tether Price

Coin Prices

GMX

$26.86

0.27%

Price data by

DecryptCoinsTether

Enter a coin name to search

Tether

usdt

$0.999

0.09%

TON Ecosystem

Tron Ecosystem

Solana Ecosystem

Avalanche Ecosystem

24-Hour Range

$0.998

$1.00

Low

High

Market Cap (Mcap)

Rank

Mcap

$110.47B

Fully Diluted Mcap

$110.47B

Supply

Circulating

110,463,515,619

Total

N/A

Created On

N/A

All Time High (ATH)

ATH

$1.32

ATH Change

-24.41%

ATH Date

Jul 24th, 2018

Total Value Locked (TVL)

TVL

N/A

MCap to TVL Ratio

N/A

FDV to TVL Ratio

N/A

Your Daily Summary of Everything Important

Never miss a minute! Get crypto, defi, and macro recaps sent to your inbox.

Fastest growing newsletter in crypto - read today's!

Enter a coin name to search

Tether Chart

Price

Volume

Market Cap

Other coins

Weekly Reports: A Deep Dive into Crypto and NFT alphas

If you're looking to keep up with the fast-moving world of crypto and NFTs, The Alpha Report has got you covered.
Our weekly updates are put together by folks deep in the crypto scene, giving you a clear picture of what's happening without overwhelming you.

April 19, 2024
AIRDROPS: It's Swell

April 19, 2024
ALPHA: RUNES

April 12, 2024
AIRDROPS: Need more Fuel

April 12, 2024
ALPHA: ORDS

April 4, 2024
AIRDROPS: Zeus beckons

April 4, 2024
ALPHA: Game On

March 28, 2024
AIRDROPS: Dex the Hall

March 28, 2024
ALPHA: Inky

March 21, 2024
ALPHA: Bracket up

March 22, 2024
AIRDROPS: Brrrr

View all

Learn about Tether

What Are Stablecoins and How Do You Use Them?

Stablecoins are cryptocurrencies that claim to be backed by fiat currencies. Unlike cryptocurrencies like Bitcoin, their prices remain steady.

What Is Tether (USDT), the Token With the Record $83.6 Billion Market Cap

Tether is a type of cryptocurrency known as a stablecoin, that’s pegged to the price of the U.S. dollar. Here’s everything you need to know.

Tether News

Apr 19, 2024

Business

Tether Launches USDT on TON Network, Telegram Wallet in Boon for Messaging App

Onstage at Token 2049 in Dubai, the CEOs of Tether and Telegram jointly announced on Friday that USDT—the largest stablecoin in the world—will launch on the The Open Network (TON) and the Telegram wallet, in a bid to both expand Telegram’s crypto presence and accelerate the growth of the TON blockchain in its own right. “The launch of USDT on TON will allow seamless value transfer globally in a simple experience that can match even the traditional financial system,” Tether CEO Paolo Ardoino said...

by Sander Lutz · 2 min read

Apr 1, 2024

Markets

Tether Now Holds Over $5 Billion Worth of Bitcoin to Back USDT

Stablecoin issuer Tether now holds over $5 billion worth of Bitcoin, according to public blockchain data. Arkham Intelligence data—which tracks the crypto giant’s wallet—reveals that the company now holds over 75,354 Bitcoin, worth more than $5.1 billion as of this writing, after the firm bought 8,889 BTC in the first quarter of this year. Tether is the company behind the third-biggest cryptocurrency by market cap, USDT. The company is one of the biggest Bitcoin holders, and has said its strat...

by Mat Di Salvo · 2 min read

Mar 26, 2024

Artificial Intelligence

USDT Maker Tether Pushes Into AI, Prioritizing ‘Transparency and Privacy’

Tether, the blockchain company behind the USDT cryptocurrency, is expanding into artificial intelligence, the firm said on Tuesday. The move, Tether said, aims to advance the accessibility and efficiency of artificial intelligence. According to Tether, its AI focus will include developing open-source, multimodal AI models and “new industry standards.” "Artificial intelligence stands poised to revolutionize nearly every facet of our lives, both in the real and digital worlds," CEO of Tether Paolo...

by Jason Nelson · 3 min read

Jan 18, 2024

Markets

Tether Snaps Up More Bitcoin, Brings Holdings to $2.8 Billion

Stablecoin giant Tether has bought more Bitcoin (BTC), bringing its total holdings of the digital asset to over $2.8 billion. Blockchain data shows a BTC address associated with Tether received 8,888 BTC—$379 million—at the end of December. The buy brought Tether’s holdings to a total of 66,465 BTC. That means it is one of the biggest private companies holding BTC. Tether snapped up BTC constantly throughout 2023. In May, the company announced it would begin using profits to buy Bitcoin to hol...

by Mat Di Salvo · 2 min read

Nov 22, 2023

Coins

Binance Moved $3.9B in Tether From Cold Wallet Days Ahead of DOJ Settlement

Crypto exchange Binance and its CEO pleading guilty to money laundering charges sheds new light on why the company may have been moving billions worth of stablecoins in the weeks before the settlement was finalized. A $3.9 billion Tether (USDT) transaction, completed on November 9, is uncannily close in value to the $4.3 billion penalty that Binance agreed to pay as part of its settlement. Most of the money moved out of one Binance cold wallet (Binance-Cold 2) into another of its wallets (Binanc...

by Stacy Elliott · 3 min read

Nov 20, 2023

Law and Order

Tether Freezes $225M USDT Feds Say Is Linked to Human Trafficking

Crypto giant Tether, which issues the third-largest digital currency USDT, today announced that it had frozen $225 million believed to belong to a human trafficking syndicate to help the U.S. Department of Justice. In a Monday blog post, the stablecoin issuer said the freezing of the crypto was to help the DOJ. Self-custodied digital wallets holding USDT were linked to a human trafficking syndicate in southeast Asia, Tether said. The criminals were running a "pig butchering" scam. It's a type of...

by Mat Di Salvo · 2 min read

Nov 3, 2023

Markets

Stablecoin Supply Has Bottomed Out—Is It Bullish for Crypto?

Notable crypto talking heads are calling it: there's now only one way things can go. “I believe that the supply of stables has bottomed and will be Up Only from here,” tweeted Nic Carter. After dropping for most of 2023, the total supply of all stablecoins appears to have stalled. But why? Instead of stablecoin holders pulling their digital dollars from the market (and redeeming real dollars), they’re doing the opposite. “For the first time in two years, we are actually seeing inflows,” wrote Tw...

by Liam J. Kelly · 3 min read

Oct 25, 2023

Technology Guides

What Are Stablecoins and How Do You Use Them?

Since their inception, cryptocurrencies have been considered particularly volatile investment instruments when it comes to their price. That's led to price jumps and crashes, preventing cryptocurrencies from being used for everyday goods and services in some cases, due to the risks for vendors and merchants. That's where stablecoins come in. The theory goes, if you create a currency that is 'pegged' or attached to a regular fiat currency like the US dollar or something else with a relatively sta...

by Matt Hussey, Scott Chipolina · 9 min read

Oct 16, 2023

Business

Tether Freezes Wallets Linked to Terrorist Groups in Israel and Ukraine

Tether, the world’s largest stablecoin issuer, has announced a freeze on 32 blockchain addresses with connections to terrorist groups in both Israel and Ukraine. In a Monday statement, the company said it has been combatting crypto-funded crime in collaboration with Israel’s National Bureau for Counter Terror Financing (NBCTF). In total, the frozen addresses hold $873,118.34 worth of assets. “Tether’s ability to freeze and return stolen funds to legitimate users demonstrates the innovative new c...

by Andrew Throuvalas · 2 min read

Oct 13, 2023

Coins

Tether CEO Steps Down, Naming Paolo Ardoino as Successor at Stablecoin Issuer

Stablecoin giant Tether has appointed the company’s Chief Technology Officer (CTO) Paolo Ardoino as CEO, assuming the role formerly held by Jean-Louis van der Velde (JL). Ardoino will formally assume his leadership role beginning in December while continuing to operate as CTO. He also remains CTO of crypto exchange Bitfinex, and Chief Strategy Officer of Holepunch, an app development platform. Meanwhile, van der Velde will continue to act as an advisor while retaining his role as CEO of crypto e...

by Andrew Throuvalas · 2 min read

Sep 28, 2023

Business

Binance Urges Euro Users to Convert to Tether After Bank Partnership Ends

Binance prompted European Paysafe users to convert their EUR balances to Tether’s dollar-pegged stablecoin USDT before October 31. The crypto exchange indicated in a statement that this decision was made after its banking partner Paysafe “unilaterally decided to stop processing EUR deposits for Binance users.” On September 25, Paysafe had already signaled its intentions by suspending euro deposits. Until then, the firm was managing Binance’s European users’ fiat deposits and withdrawals. Accordi...

by Mattis Meichler · 3 min read

Sep 21, 2023

Law and Order

CBDC Anti-Surveillance Bill Passes House Committee Despite Push Back From Democrats

The House Financial Services Committee (HFSC) passed the CBDC Anti-Surveillance State Act on Wednesday, readying the legislation for a future vote on the House floor. Proposed by crypto-supportive Congressman Tom Emmer (R-MN), the legislation aims to bar the Federal Reserve from issuing a Central Bank Digital Currency (CBDC) to individuals. Emmer has referred to CBDCs as “financial surveillance tools.” Numerous Presidential candidates including Florida Governor Ron DeSantis and Robert F. Kenned...

by Andrew Throuvalas · 3 min read

Sep 21, 2023

Coins

Tether Resumes USDT Loans, Insists It Maintains Excess Reserves

Stablecoin issuer Tether has resumed providing new loans denominated in USDT to clients, a move that comes nearly a year after the company had announced its intention to discontinue offering collateralized loans in 2023. The revelation comes from the company's latest quarterly financial update, which indicates an increase in USDT-denominated loans. As of June 30, the report showed assets that included $5.5 billion in loans, up from $5.3 billion in the previous quarter. The Wall Street Journal ea...

by Andrew Asmakov · 4 min read

Sep 11, 2023

Business

Bitfinex and Tether CTO Paolo Ardoino to Testify in Market Manipulation Lawsuit

Bitfinex and Tether’s CTO Paolo Ardoino will be deposed this week as part of a years-long class-action lawsuit against both firms and their associated insiders, according to a New York judge’s order filed on Monday. Tether and Bitfinex’s counsel had asked for Ardoino’s deposition to be delayed to early October. In a court filing on Friday, the firms’ counsel said a protracted negotiation over the scope of topics in Ardoino’s deposition left the defendants with too little time. “Defendants simply...

by André Beganski · 3 min read

Sep 1, 2023

Coins

Tether's Stablecoin USDT 'Has a Peg Stability Problem', Claims Analyst

USDT, the crypto industry’s largest stablecoin by market capitalization, has experienced a slight depeg throughout nearly all of August, according to a recent Kaiko research. Stablecoins are digital currencies pegged to a particular asset, such as the U.S. dollar or the British pound. However, in times of extreme volatility, they can lose their peg to those assets, either dropping or rising in value relative to the asset they aim to represent. Historically, instances of USDT losing its peg to th...

by Andrew Asmakov · 3 min read

Aug 17, 2023

Business

Coinbase Suspends Tether Trading in Canada

Coinbase today announced that it will suspend trading for three popular stablecoins in Canada, shortly after boasting of its full entry into the Canadian market—including trading of the biggest stablecoin in the world, Tether. In an email to customers on Monday, the company said that Tether (USDT), RAI, and DAI do not meet the company’s listing standards, based on its most recent reviews. “The trading suspension will not affect customers’ access to RAI, DAI, or USDT wallets which will remain ava...

by Andrew Throuvalas · 3 min read

Jul 31, 2023

Business

Tether Reports $850 Million Q2 Profit, $72 Billion Exposure to US Treasuries

Tether Holdings Limited, issuer of the USDT stablecoin, reported a Q2 profit of $850 million, bringing its total excess reserves to $3.3 billion. “The $850 million represents the retained profits of this quarter which have contributed to increasing Tether’s excess of reserves”, a spokesperson for Tether told Decrypt. “It’s basically additional capital sitting in the company to further strengthen Tether.” Between April and June 2023, Tether's operational profits soared past the $1 billion mark, m...

by Mattis Meichler · 3 min read

Jun 16, 2023

Coins

A Look at the Reserve Statements That Tether Tried to Conceal

The reserves backing USDT, a U.S. dollar-pegged stablecoin issued by Tether, once included assets belonging to Chinese companies, documents from the New York Attorney General's Office revealed. In documents obtained as part of the attorney general’s investigation into Tether in 2021, long-running suspicions that Tether’s USDT stablecoin was backed by Chinese securities were confirmed. According to an investigation by Bloomberg News in October 2021, Tether held billions in short-term loans to Ch...

by Nicholas Morgan · 3 min read

Jun 15, 2023

Markets

Tether CTO Says 'Let Them Come' as Stablecoin's Dollar Peg Wobbles

The largest stablecoin by market capitalization, Tether (USDT), has just fallen below its dollar peg. At press time, the asset is trading at $0.996. Tether's CTO Paolo Ardoino was quick to take to Twitter, saying that "markets are edgy in these days" and adding that the popular stablecoin is "ready as always." Markets are edgy in these days, so it's easy for attackers to capitalize on this general sentiment.But at Tether we're ready as always. Let them come.We're ready to redeem any amount. — P...

by Liam J. Kelly · 3 min read

Jun 2, 2023

The Coins

What Is Tether (USDT), the Token With the Record $83.6 Billion Market Cap

In May 2023, Tether’s USDT stablecoin hit an all-time high in market capitalization, surpassing its previous peak level of $83.355 billion in May 2022, according to CoinGecko data. Tether is currently the third-largest cryptocurrency by market capitalization with a valuation of $83.6 billion, commanding 7.5% of the total cryptocurrency market capitalization. To critics of cryptocurrencies—like China’s major payment institutions—this price volatility makes them poorly suited to being actual curre...

by Matt Hussey, Scott Chipolina · 8 min read